Start-Up Costs and Fees |
||
| Play N Trade | Uptown Cheapskate | |
| Investment | 216600 - 329000 | 301579 - 491579 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2%local + 1%Nat'l | 0.50% |
| Year Founded | 2001 | 2008 |
| Year Franchised | 2003 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Play N Trade | Uptown Cheapskate | |
| Experience | ||
Financing Options |
||
| Play N Trade | Uptown Cheapskate | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Play N Trade | Uptown Cheapskate | |
| Training | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. | On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing store |
| Support | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 5 - 9 | |
Expansion Plans |
||
| Play N Trade | Uptown Cheapskate | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Play N Trade | |
| Uptown Cheapskate | |
| Franchise Fee | |
| Play N Trade | |
| Uptown Cheapskate | |
| Royalty Fee | |
| Play N Trade | 5% |
| Uptown Cheapskate | 5% |
| Advertising Fee | |
| Play N Trade | 2%local + 1%Nat'l |
| Uptown Cheapskate | 0.50% |
| Year Founded | |
| Play N Trade | 2001 |
| Uptown Cheapskate | 2008 |
| Year Franchised | |
| Play N Trade | 2003 |
| Uptown Cheapskate | 2008 |
| Term Of Agreement | |
| Play N Trade | 10 years |
| Uptown Cheapskate | |
| Renewal Fee | |
| Play N Trade | |
| Uptown Cheapskate | |
Business Experience Requirements |
|
| Experience | |
| Play N Trade | |
| Uptown Cheapskate | |
Financing Options |
|
| Franchise Fees | |
| Play N Trade | Yes |
| Uptown Cheapskate | Yes |
| Start-up Costs | |
| Play N Trade | |
| Uptown Cheapskate | |
| Equipment | |
| Play N Trade} | |
| Uptown Cheapskate | |
| Inventory | |
| Play N Trade | |
| Uptown Cheapskate | |
| Receivables | |
| Play N Trade | |
| Uptown Cheapskate | |
| Payroll | |
| Play N Trade | |
| Uptown Cheapskate | |
Training & Support |
|
| Training | |
| Play N Trade | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. |
| Uptown Cheapskate | On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing store |
| Support | |
| Play N Trade | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. |
| Uptown Cheapskate | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Play N Trade | |
| Uptown Cheapskate | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Play N Trade | |
| Uptown Cheapskate | Number of Employees Required to Run: 5 - 9 |
Expansion Plans |
|
| US Expansion | |
| Play N Trade | |
| Uptown Cheapskate | |
| Canada Expansion | |
| Play N Trade | 0 |
| Uptown Cheapskate | |
| International Expansion | |
| Play N Trade | |
| Uptown Cheapskate | |